Charity registration number.. 1163428 StreetlightUK Annual Report and Financial Statements flir the Year Ended 31 March 202i gree+L GHTUK a fresh start capLUS COMMUNIIY ACCOUNTING The Queen's Award for Voluntary Sèrvl¢È CoJnniut]ity Accounting Plus Units l & 2 North West 41 Talbot Street NGI 5GL
StreetlightUK Contents (¢ontinu¢d) Reference and Administrative Details Trustees, Report 2to7 Independent Examiner's Report Statement of Finat]cial Activities Balance Sheet Notes to the Financial Statements 11 to 19
StreetlightUK Refer¢n¢¢ and Administrative D¢tails Trustees Neil Johiiston Jugbir Ware Ashley Duque Kienzle Alexandra Davies Simon Coles Naomi Bell Sarah Robb Davina Irwin-clarke Senior Manager Helena Croft MBE, Chief Executive Officer Charity Registration Number 116i428 Prineipal Office Churchill Court 3 Manor Royal Crawley RHIO 9LU IndepeThdent Exajniner John O'Brien. employee of Con)tnunity Accounting Plus Units l & 2 Nortl) West 41 Talboi Sireei Noitingham NGI 5GL Page I
StreetlightUK Trust¢¢s' Report The trL15tee5 present the annual report together M'ith the financial ststeTnents of the charity for the year ended i I March 2023. Trustees and officers The trnstees and officers serving during the year and sin¢e the year end were as follom's.. Trustees.. Neil Johnston Jugbir Ware Ashley Duque Kienzle Alexandra Davies Simon Coles Naomi Bell (appointed 21 Febrnary 2023) Winter Johnston (resigned 6 December 2022) Emete Ogbomo (resigned 6 December 2022) Sarah Robb (appointed 6 April 2022) Davina Irwin-clarke (appointed 21 February 2023) Structure? governance and mallagement lure olgoverning documenl The charity is operaied under the rules of its constitution adopted 1311012014. Recruilmenl &ppoinlmeptl ofiru.slees Apart from the first charity trustees, every trustee must be appointed for a teTm of three years by a re501ution passed at a properly convened ineeting of the charity trllstee5. In selectingF individua15 for appointinent as charity tn15tee5, the charity trustees niu5t have regard to the Skills, kiiowledge and experience needed for the effective adinini5tratioii of the CIO. Objectives and activities Objects tsnd ultsis {a) To assist in reliewing the povertj, of persons involved iii prostitution, particularly by a process of trdining counsellors to find, help and advise persons involved in prostitution. {b) To develop the capaciij, and skills of those disadvantaged by sexual abuse or prostitution in such ways as the}, are better able to ideniify and help meet their needs and to participate more fully in society. {c) fo advance the education of the public, and especially children and young people, in the dangers of being groomed into prostitution. so as to promote a healthy lifest)'le and freedom from exploitation and abuse. {d) fo provide a front line specialist support service for the support of police, social services and other agencies engaged in the prevention of tratTicking of individuals for sexual exploitation or other abuses. {e) Such other services which are exclusively charitable according to the law of England and Wales and are connected with the charitsble work of Streetlight UK. Page 2
StreetlightUK Trustees, Report (¢ontinu¢d) Public benefil I. OUTREACH TEAMS - night-titne outreach and 1-2-1 daytiine support. which include staff and trained volunteers. Meeting the main grant needs of.. 'A healthy and well future physical and mental health and 'ellbein¥" by Practically supportin¥ woinen with sexual health iieed5. goal 5ettin¥, relationship boundarie5 and reportiiig crimes. Supporting ivomen to remove the barriers they face in exiting prosiituiion. Increasing women's phvsical wellbeing and positive Inental health. giving hope for the fuluie. supporting women in breaking out of cycles ol'trauma through involveinent in prostitution. 2. PROVIDING CARE PACKS Including attack alamis, condoms, STI testing kits. pregnancy tests, toiletries and service Ilyers enabling connection ol. a difticult to reach group of woinen. into local services. Between April 2022 - March 202i, we have provided 623 care packs across L)ur service. . VISITING BROTHELS AND SUSPECTED VICTIMS OF TRAFFICKING.. Our support ivorkers attend live operations into brothels to support suspected trafficked victims. Joint police operntions for welfare checks, supporting women to access the National Referral Mechanism if they have been trafficked. 4. ONLINE SUPPORT - Initially as a result of COVID - some 'Omen have moved to phone and webcam sex rather than in-person increasing their isolation gnd melltal heglth needs. We have increased our online support by 250/0 as a result. 5. YOU CHOOSE - DETERRING RE-OFFENDING COURSE - For men arre.sted for soliciting on-streei sex. Educating theTn on the consequences and iinpact of their choices on women and the coinmunity. With 66 Inen atteiiding betweeii April 2022 - March 2023 and a 95Q/o succes5 rate iii deterring re-offending in Tower Hamlets, Newham, and Enfield. 6. TRAINING - Delivering bespoke trdining for Professionals, including the police, local authority.. and other NGO'S around how to engage with women involved in prOstition. addressing the ASB related issues in coinmunitie5. The trusiees confim) ihat they have complied with the requirements of seciion 17 of the Charities Acr 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 3
StreetlightUK Trustees, Report (¢ontinu¢d) Aehicvements and performanee 'I"HI% LA8T YEAR HA% BEEN EXCEPTIONAL IN TERMS OF GROWTH AND ACHIEVEMENTI Across London ive are building stronger partnerships with our Funders. other NGO'S pnd police partners. Our outreach is now impacting significant numbcrs of QMen in bi)roughs in both north and %outh London. Our volunteers frequently %upport ".0ell through on-street oiitreach and deal with growing number of off-%trcet self-referrals. The nuinber of refeTrals, joint police operations and service user contsrts has grown exponentially. Streetli¢Tht UK provide5 a deteing re-offendingF course for men aeSted for kerb crawlinbF in a growinLF number of London Boroughs called.. the 'You Choose course. Over the past year. the number of inen attending each month ha5 doiibled and over 212 inen have now attended the course, with a 950/0 success rate in deterring reoffending. In Sussek.SutTey, oiir train¥d volunteers and staff work hard to maximize won)en reached through engaging in online oiitrtach and support, and live operdtions with the Police. Support Workers n)eet with ivomen one-to-one to provide them with individually tailored support. Our previous pilot tsf a Wellbeing Course at HMP Doivnsview. giving women advice on sexual health. sexual boundaries, Lonsent, laws around prostitution and sexuality, has also been delivered at HMP Send and we have ongoing and growing links Ivlth HMP'S across the South East. Much of our work is done in partnership and we would like to take this opportuniry to thank all the local agencies w'ho have helped us provide a coniprehensive service to our service users. Together with our partners. we work hard to reduce the risk and impaci of violence against women and girls and the associated hamis of prostitution within the region. including ihose who have been trafficked for the purpose of sexual exploitation. WE ARE EXTREMELY THANKFUL FOR THE SUPPORT OF OUR FUNDERS LISTED BELOW.. as well as many of the individual donors and partners. Lloyds Bank Foundation Kenneth Copeland Ministries MOPAC & London Community Foundation Mrs Smith aiid Mount Tst Natii)nal Lottery Commiiiiity Fund Pcabody Community Fund Surrey Community Foiindation (Charles Russell Speechlys Community Fund) Surrey PCC Sussex Community Foundation Sussex PCC The Charles Lewis Foundation The Crucible Trust Fund The Fore Souter Charitable Trust Two Magpies Trust ITW United Wa>, Lifespring Churth Kii)gdom Faith Church Kii)gdom City Page 4
StreetlightUK Trustees, Report (¢ontinu¢d) In June 2021, Ive were honoured to receive the Queen s Award for Voluiitary Service - the MBE for charities. We also received ali extra award from the QAVS iii recogFnition of our froiitline support during the Coronavirus pandeinic. We would like to especially thank our growing team5 of volunteers, who are alwaN's motivated and flexible and who come with a bFroi¥'ing professional 5killset. It is to their credit that we were successful in being aii'arded.. this pre5tlgFIOll5 award. Our volunteer5 and staff s approach ensure5 that every woinaii who ha5 contact with Streetlight UK. has both the professional and compassionate support they need. In June 202i. StreetlightUK's CEO, Mrs Helena Croft, was awarded an MBE in the King s Birthday Honours List 20?- This prestigious honour is recognition of her outstanding contiibution to the charity sector, particularly in supporting vulnerable women. Over the years, StreetlightUK has helped countless women to rebuild their lives and regain their independence. The organisation has been a beacon of hope for vulnerable women, and Mrs Croft's MBE is a testament to the impact that StreeilightUK has made in sociery. Financial review Polioy on reserves I. PURPOSE OF POLICY The purpose of the Reserve Policy for Streetlight UK is to ensure the stability of the mission, programs, emplovment, and ongoing operations of the organisation. The Operating Reserve is intended 10 provide an internal soiirce of ndS for situ-ations sllch as a slidden increase in expenses. one-time unbudgeted expenses, unanticipated loss in fllnding, or uninsllred losses. The Reserve may also be used for one-time. non-recurring expenses that will build long-terni capacity.. such as staff developmeni, research and developmeni, or investment in infrastructure. Operating Reserves are noi intended to replace a permanent loss of funds or eliminate an ongoing budget gap. It is the iiitentioii of Streetlight UK for Operating Reserve5 to be used and replenished withiii a reasonably short period of tiine. The Reserve Policy will be implemented in conjunction with the other governance and financial polices of Streetlight UK and is iiitended to siipport the goals and strategies contained in these related policies and in strategic and operational plans. 2. DEFINITIONS AND GOALS a. OPERATING RESERVES IN LIGHT OF CORONVIRUS PANDEMIC ICOVID19) The Operatin¥ Reserve Fuiid is defined a5 a de5i¥iiated fund Set aside by action of the Board of Tru5tee5. The miniinuTn amount to be desi¥nated a5 Operatin¥ Reserve will be established in an aTnount Sufficient to maintai ongoing operations and prograins for a set period of time. measured in inoiith5. Tlie Operatin¥ Reserve serves dJnamic role and will be reviewed and adjusted iii response to internal and external chai)ges. The target minimum Operating Reserve Fund is equal to six months of average operating costs. Streetlight UK beiiefits froni a 6 month reserve in order to protect the organisaiion, by providii)g long temi finai)cial stability hilst lacing the uncertainty surrounding Covid-19 that will likely bring coniinued challenges in the coming years. Many of our annually reviewed and renewed grantslcontracts are at risk due 10 Funders having a reduced budget during this time. This in turn affects Streetlight UK'S ability. to maintain our high level support services for women involved in prL)Siitution. This could leave many service users iSL)laied, vulnerable and wiihout access to basic necessities. Page 5
StreetlightUK Trustees, Report (¢ontinu¢d) By extendinbF our reserve policy to six months, the orgFanisation would have longer teTm security for our vital 511PPOrt systein. In the event of financial crisis caused by the pandemic. street11t UK would have sufficient funds to miniinise the impact on the women curret]tly supported by our services. The calculation of average monthly operating costs include5 all recutTing, predictable expenses such as salarie5 and benefits, occupancy. offiee, travel, program. and ongoing professional services. Depreciation, in-kind. and other non.cash expenses are not intluded in the calculation. The calculatitsn of average monthly expenses also excludes some expenses incliiding one off capital puichases such as an outreach vehicle. The amount of the Opernting Reserve Fund target minimum w'ill be calculated each year after approval of the annual budget, reported to the Board of Trustees, and included in the re(Tular financial reports. b. OPPORTUNITY RESERVES The Opportunity Reserve is intended to provide funds to meet special targets of opportunity or need ihat further the mission of the organisation which may or may not have specific expectation of incremental or long-ierni increased income. The Opportunity Reserve is also intended as a Sliurce of internal funds for organisational capacity building such as statT developmenL research and developmeni, or investment in infrasiructure that will build long-tenn capacity. The target amount of the Opportuniry Reserve will be determined by the CEO and Finance Sub Committee. Decisions, which will then be fomially approved by the Board. 3. ACCOUNTING FOR RESERVES The Operating Reserve Fund will be recorded in the financial records as Board-Designated Operating Reserve. The Fund will be funded and available in cash or cash equivalent fiinds. Operating Rcserves will be maintained in a segregated bank account or invesknent fund, in accordance with the Investment Policy. 4. FUNDING OF RESERVES The Operating Reserve Fund will be funded with surplus unrestricted operating funds. The Board of Tru5tee5 ay frotn time to titne direct that a specific source of revenue be Set aside for Operatii)g Reserve5. Exainples ay include oiie-time gifts or bequests, special grants, or special appeals. 5. USE OF RESERVES Use Lif the Operating Reserves requires three sreps.. a. IDENTIFICATION OF APPROPRIATE USE OF RESERVE FUNDS The CEO and staff will identify the need for access to reserve funds and confirm that the use is consistent with the purpose of the reserves as described in this Policy. This step requires analysis of the reason for the shortfall, the availabiliry of any other sources of funds before using reserves, and evaluation L)f the time period that the funds will be required and replenished. b. AUTHORITY TO USE OPERATING RESERVES The CEO hgs delegated authorisation to manage the operating reserves and consulis '1th the Chair of FinancelBoard of Trustees. The use of the operaiing reserves is discussed by the CEO and Board of frustees at the next scheduled meeting. c. REPORTING AND MONITORING The CEO is responsible for ensuring that the Operating Reserve Fund is Inaintained and used only as described in this Polic}.. Upon approval for the use of Operating Resetve nds, the CEO will maintain records of the use of ndS and plat] for repleJiisl)ment. She will provide regular report5 to the Board of frustees of progress to restore the Fund to the target minimuni amount. 6. RELATIONSHIP TO OTHER POLICIES Streetlight UK shall maintain the following board-approved policies, whicli n)ay contain provisions tliat affeLt the creation, 5uffiLieiicJ, and inaiia¥ement of the Operating Reserve Fund. This Policy is ii) relationship to-. Financial Policy, Inve5tinei)t Policy, Delegated Autl)ority Policy. Page 6
StreetlightUK Trustees, Report (¢ontinu¢d) Statement of Tru5tee5' Re5pon5ibilities The trustees are responsible for preparing the Irustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charitie5 requires the t1115tee5 to prepare finatjcial ststetnents for each fjnancial }'ear which give a true and fair vic. of the state of affai[5 of the charity and of the incoining resources and application of resources of the charity for that period. In preparingF these financial statetnents: the trllstee5 are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concert] basis unless it is inappropriate to presume that the charity will continue in busit]ess. The irustees are responsible for keeping proper accliunting records that disclose '1th reasonable accuracy at any time Ihe financial Posilion of the charity and enable them to ensure that ihe financial siaiements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and Ihe provisions of the consiitution. The trustees are also responsible for safeguarding ihe assets of the charity and hence for raking reasonable steps for the prevention and detection of fraud and oiher irregularities. Approved by the trustees of the charity on 121n.7.12023 and signed on its behalf by.. Ashley Duque Kienzle TTUStee Page 7
StreetlightUK Independent Examiner's Report to the Irust¢¢s of Str¢etlightUK Independent examiner's report to the tru5tee5 of StreetlightUK I report to the trllstees on my examination of the accoui)ts of StreetlightUK (the Charity) for the year ended i I March 2023. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respeci of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in cgrrying oiit my examination I have followed all the applicable directions given by the Charity Commission under section 145(5Xb) of the Act. Independent examiner's 51atement Since the Cliarity's gross incon)e exceeded £250,000 your examiner Inust be a member of a body listed in section 145 of the 201 I ALt. I coiifinn that I c11n qualified to undertake the examinatioii because l am a member nd Fellow of the Associdtion of Charity Independent Examiner5, wl)iLh is oiie of the listed bodies. I have con)pleted my examination. I confiTm that no matters l)ave come to iny attention in connection with the examination giving me cause to believe that in any inaterial respect.. l. accounting records were not kept in respect of the Charity as required by section 130 of the Acr,. or 2. the accounts do not accord with those records,. or the accounts do not comply i¥ith the accounting requirements conceming the forni and content of accounts set out in the Charities {Accounts and Reports) Regulatioi)s 2008 other than any requirement that the accounts give a 'true and fail view which is not a Inatter considered as part of ali independent examination. I have no concerns and have come across no other rnatters in connection with the examination to which attentiL)n should be dra1 in this report in order to ¢nahle a prapcr iinderstaiiding of the account% to be reached. John O'Brien Msc, FAIA. FCCA. FCIE. employee of Cominui)ity Accounting Plus Fellow of the Association of Charity Ii)dependent Examiners Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date.. 1210712023 Page 8
StreetlightUK Statement of Finan¢ial Activities for the Year Ended 31 March 2023 Total 2023 Total 2022 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment incorne 35,273 18,630 1,837 35,273 273,164 1,837 511 23,756 208,624 254,534 10 Total Income 56,?51 254,534 310,785 232,390 Expenditure on: Charitable activities (23,606) (216,2271 (239.8i3) {200,775) Total Expenditiire (23,606) (216,2271 (239.8i31 (200,775) Net income 32,645 2,318 i8,307 (? 318) 70,952 31,615 Gross transfers between funds Net movement in funds 34,963 i5,989 70,952 31,615 Reconciliation of funds Total ndS brought forward 178,339 146,724 Total funds carried fonvard 16 16.774 132.517 ?49,291 178,3)9 All of the charity's activities derive from Continuing operations during the above two periods. The funds breakdown for the period is shown in note 16. Total 2022 Vnrestri¢ted Restricted Note Income and Endowments from: Donations and legacies Charitable activities InvestTnent ii)come 23,756 9,401 10 23,756 208,624 10 199,223 Total Income i3.167 199,22i 232,390 Expenditure on: Charitable activities (13,766) (187.0091 (200,775) Total Expendire (13,766) (187.0091 (200,775} Net it]come Gross transfers between funds 19,401 9,500 12,214 19,500) 31,615 Net movement in fvnds 28,901 2,714 31,615 Reevneiliation of funds Total ndS brought forward 52,910 93,814 146,724 Total funds carried fonvard 16 96,528 178,339 The notes on pages I I to 19 form an integral part of these financial statenienrs. Page 9
StreetlightUK (Registration number: 1163428) Balanee Sheel as at 31 Mareh 2023 2023 2022 Note Fixed assets Tangible assets 12 7,346 7,200 Current assets Debtors Cash at bank and in hand 13 14 1,863 241,815 750 172,079 243,678 172,829 Creditors: Amounts falling due within one year 15 11,733) 11,690} Net current assets 241.945 171,139 Net assets 249,?91 178,3J9 Funds of the charity: Restrieted income funds Restricied funds 132,517 96,528 Unrestrietcd ineome funds Unrestricted funds 116.774 Total funds 16 249,291 178,339 The fiiiancial statements on pages 9 to 19 were approved by the trustee5, and authorised for issue on 1%.a711023. and sied on their behalf by.. Simon Coles Trustee The notes on pages I I to 19 form an integral part of these financial statenienrs. Page 10
StreetlightUK Notes to th¢ Financial Statements for th¢ Year Ended 31 Mar¢h 2023 Aeeounting polieies Statement of compliance The financial statements have been prepared in accL)rdance w'ith the second editilin of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011. Basis of preparation SireetlightUK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the Televant accounting policy notes. Exemption from preparing A eagh tlow statement The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash flow statement in these fingncial statements. Going coneern The financial statements have been prepared on a going concem basis. The trustees assess whether the use of going concem 15 appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significaiit doubt on the ability of the charity to continue as a goit]g concern. The trustees Inake this assessment in respect of a period of one year frojn the date of approval of the financial statements. Income and endowments Voluntary. inLome inLludiii¥ doi)ations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the Lharity has entitleinent to the income, it is probable that the income will be ieLtived and tl)e amolliit Lan be nieasured witl) 5ufficieiit reliability. Donulions and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured. Grunls receivable Grants are recognised when the charity has an entitlen)ent to the funds and any conditions linked tts the grdi)ts have beeli met. Where ptrfotmanLe Londitions dre attached to the grant and are yet to be met, the income is ieLO¥lI15ed as a liability and included on the biilance Sheet as deferred inLome to be released. Inveslnienl inconie Dividends are recognised once the dividend has been declared and noiification has been received of the dividend due. Page 11
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) Expenditure All expcnditiir¢ is re¢ognised once there is a legal or constructive obligation to that ¢xp¢nditur¢, it is probable settlemcnt is required and the amoiint can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs ¢annot be dirertly attributcd to particular heading% they have been allocated on a basi% con%i8tent with the use of resoiirces, with Central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of th¢ asset's use. Other support costs ar¢ allated based on the spread of stsff costs. Chtsrltthble aeilvliles c.haritable expenditure comprises those costs incurred by the charity in the delivery of its activities and services lor its beneficiaries. It includes both costs that cai) be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxatio The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the chariry is potentially exempt from taxation in respect of income L)r capital gains received within categories covered by Chapter i Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to chariiable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or more gre initially recorded at cost: less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreeiation and #mortisation Depreciation is provided on tangible fixed assets so as to }TIte off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. A55et class Motor vehicles Computer equipment Depreciation method and rate 200/0 Straight line 33 % straight line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfomied in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method. less provision for impairment. A provision for the impairment of debtors is established M'hen there is objective evidence that the charity will not be able to collect all amounts due according to the original ternis of the receivables. Cash eash equivalents Cash and cash cqllivalcnts comprise ¢ash on hand and ¢all d¢poslts, and other short-tem) highly liquid investinents that are readily convertible to a known amount of cash and are subje¢t to an insignificant risk of change in valu¢. Page 12
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) Borrowings Intcrc8t-bearing borrowings are initially r¢corded at fair value, n¢t of transaction ¢osts. Interest-bearing horrom'ings are subscqucntly carried at amortised cost, with the difference between the proceed5, net of trdnsaction costs, and th¢ amount due on redempiion being recognised as a ¢harge to the over the period of the relevant borrowing. Interest expense is re¢ognised on the basis of the effeKtiv¢ interest method and is in¢lud¢d in interest payable and similar chargFe5. BotTowings are classified as current liabilities unles5 the ha5 an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Fund structure Unrestricted incotne funds are general ndS that are available for use at the trustees, discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to thai area L)r purpose. Previous period Comparison The previoiis period's figures have not been iiicluded for compaTison because the layout Used in the previous period was substantially different and does liot lend itself to clear compEWiSOn. 2 Incorne frorn donations and legacies Unrestricted lunds General Total 2023 Total 2022 Donations and legacies. Donations from individuals Grants, including capital grants., Grants from other chgrities Grants from Climpanies 18,27i 18,27i 5,731 4,000 13.000 4,000 13,000 18,025 35,273 i5,273 23,756 3 Income from charitable activities Unrestrieted funds General Restrieted funds Total 2023 Total 2022 Grants & donations Sales & fees Sundry income 254.534 254.534 18,600 30 199,223 9.401 18.600 30 18.630 254,534 273.164 208,624 Page 13
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) 4 Income from other trading activities Unr¢5tricted fund5 General Total 2023 Fundraising income 1,837 1,837 1,837 1,837 S Investment income Unre51ricled funds General Total 2023 Total 2022 Interest receivable and similar income; Interest receivable on bank deposits 511 10 6 Grants and donations Unre5trieted funds Restrieted funds Total funds Sussex PCC MOPAC VA WAG Grassroots 58,882 41,076 JO,945 28,792 27,250 20,000 15,000 9,339 9,000 5,000 5,000 2,500 1,750 58,882 41,076 30,945 28,792 27,250 20,000 15,000 9.339 9,000 5,000 5,000 2,500 1,750 i 0,000 4.000 3,000 18,273 MOPAC DVISV Surrey PCC Lloyds Bank Foundatilin Sussex Community Foundaiion The Fore Peabodj. Trust Crucible Trust Mrs Smith & Mount Charles Russell Speechlys The Charles Lewis Foundation Ashle}, Duque-Kienzle Kenneth Copelai)d UK The Soiiter Charitable Trust KingdoTn City Sundry donations i 0.000 4,000 3.000 18,273 i5,27i 254,534 289,807 Page 14
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) 7 Expenditure on charitable activities Unrestri¢¢ed Restricted fund5 Total 2023 Total 2022 General Bank charges Equipment, repairs & renewals Legal & professional fees Office cominiinications OtTice siipplies Siib5criptions TrLiStee expenses Hospitality Sundry expenses Office rent Service provision Consultancy Intern expenses Recruitment Staff expenses Wages, Nl & pensions StatTtravel Stal'f & volunteer trdining Depreciatioii Outreach 64 64 883 2,597 3i7 17 545 2,468 288 883 1,709 337 888 26i 196 1,909 1,909 573 688 i82 531 513 513 618 30 30 340 21,548 11.524 3,500 i08 544 1,397 170,909 740 862 21,548 16,065 3,500 308 735 1,397 184,866 740 922 17,473 5,772 1.750 105 647 309 162,032 1,239 490 4.541 13,957 60 3,52i 3,52i 2,300 2,967 23,606 217,167 240,77) 200,775 8 Net ineomingloutgoing resources Net iiicomiiigF resources for the year include.. 2023 2022 Depreciation of fixed assets 3,523 2,300 Page 15
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) 9 Staff eosts The aggr¢gat¢ payroll costs were as follows.. 2023 2022 Staff £0s¢s during the year were: Wages and salaries Social security costs Pension costs 172,041 7,206 4,769 151,488 6,345 4,199 184,016 16? 032 The monthly average number L)f persons (including senior management team) employed by the charity during the year was as follows.. 2023 No 2022 No Average number of persons employed 10 (2022- 101 of the above employees participated in the tkfiiied Contribution Pen5ioiI Schemes. Contributions to the employee pensioi) heMeS for the year totalled £4,76912022 £4,199). No ¢mploye¢ re¢eiv¢d emoluments of more thgn £60,000 diiring the ye The tothl employee benefits of the key management personnel of the charity were £76.030 {2022- £38.48J). 10 Independenl examiner'5 fee5 During the period, the fees payable (excluding VAT) io the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independent examiiiation Other financial services 700 252 700 40 952 740 Page 16
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) I l Taxation The charity is a register¢d chgrity and is therefore exempt from taxation. 12 Tangible fixed assets Computer equipment Motor vehicles Total Cost At l April 2022 Additions 6,500 3.000 i,669 9,500 3,669 At 31 March 2023 6,500 6,669 13.169 Depreciation At l April ?022 Charge for the year At 31 March 2023 1,300 1.300 1,000 2.223 2,300 3,52i 2.600 5.82i Net book value At 31 March 20?3 3,900 3.446 7,346 13 Debtors 2023 2022 Prepayments 1,863 750 14 Cash and Cash equivalents 2023 2022 Cash on hand Cash at bank 241,732 172,079 241,815 172,079 15 Creditors- amounts falling due Trvithin one year 2023 2022 Other creditors ,733 1,690 Page 17
StreetlightUK Notes to the Financial Stalements for the Year Ended 31 March 2023 (continued) 16 Funds Balance at 31 March 2023 Balance al I April 2022 Incoming resources Re50urce5 expended Transfer5 Unrestricted funds Gener1 General 56,251 123,606) 2,318 116,774 Restrieted funds Administration Sussex service SutTe)' service Consultancy London wide Outreach vehicle 22,516 9,868 39.?89 38,750 78,882 i3.792 1,750 101,i60 61,266 16,625 34,761 172,125) 1?8.3?0) (J,500) 198,236) 4.046 20,409 2,695 {3.6691 1,351 19,864 Total restricted funds 96.528 254.534 216.227 {2,3181 132,517 Total funds 178,339 310,785 (239,833) 249,?91 Balanec at 31 M#reh 2022 Balanee k)t I April 2021 Incoming resources Resourees expended Tri)nsfers Unrestrieted funds General 52,910 33.167 113,766) 9,500 Restricted fuNd5 93,814 199,223 (187,009) {9.5001 96,528 Total funds 146.724 232.390 (200.775) 178,339 The specific purposes for which the funds are to be applied are as fLIIIows'. The Administration fund comprises funding toward supporting the general administration costs of the organisation. The Sussex service fund comprises funding toward the operation of our Sussex based service. The Surrey service fund comprises funding toward the operation of our Surrey based service. The Consultsncy fund comprises fiinding tO,ard delivery. of specific consultancy work.. The London wide fund comprises funding toward the operation of our service across the London area. The Outreach vehicle fund provided by T.0 Magpies, comprises funding toward the purchase of an outreach vehicle and associated running costs. The transfer from the London wide fund to the General fund represents the net book value of fixed assets, the use of which 15 not subject to any restriction. The traiisfer from the General fund io the Outreach vehicle fund is io cover the deficit on this activity. Page 18
StreetlightUK Notes to the Financial Statements for the Year Ended 31 March 2023 (continued) Balance at I April 2021 Incoming resources Resource5 expended Balance at 31 March 2022 Unrestricted funds Gener1 General 52,910 33,167 (4,?66) Restrieted Administration Sussex service SutTey service Consultancy London wide Outreach vehicle 22,345 10,750 16,192 55,000 65.901 3,501 48.638 9,991 (16,0?1) (55,882) (39,446) 11.750} (76,114) 17,?96) 22,516 9,868 39,289 1,751 20,409 2,695 47,885 Total restricted funds 93,814 199,223 {196,509) 96,528 Total funds 146,724 2 J?,390 {2(X).775} 178,3J9 17 Analysis of net assels b¢twe¢n funds Unrestrieted 2023 Total funds General Restrieted Tai)tsible fixed assets CutTent a5set5 Current liabilities 7,346 7,346 243,678 11,7331 li2,517 (1,733) Total net assets 116.774 132.517 249,291 Unrestricted 2n22 Total funds General Restricted Tangible fixed assets Currei)t assets Current liabilities 7,200 74.611 7,200 172,829 11.690) 98,218 11.690} Total net asset5 96,528 178,339 18 Related party transactions There were no related party tran5actior15 111 the year. 19 Trustees remuneration and expense5 £57J12022.' £531) was spent on subsistence for the Trustee AGM and a Trustee lunch later in the year. Page 19